Over the last year, property investments in Launching Place, 3139 have given investors a capital gain of 13.16%. This compares favourably with the 8.27% for VIC as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Launching Place has increased when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in Launching Place are currently offering property investors an average price cut of -4.76% below the asking price at the moment.
Residents and property investors in Launching Place have been waiting around 45.94 days to sell a property.
The VIC suburb of Launching Place, 3139 is in the Yarra Ranges local government area.